Awesome Stocks

[gfp927z]

Bigworld, Sounds like a good plan. With the recession and higher mortgage rates, the prices should come back down. Prices in NC already seem like a great deal, with low taxes, but there are also some pricey areas, and getting a nice amount of acreage adds to the price.

Now they are saying Covid cases are moving back up due to Omicron #4 and #5, so could be it never ends, the new normal. But inflation 'may' have peaked since today's 9.1% figure doesn't count the recently weaker oil and grain prices. The Core PCE, which is the main stat the Fed uses, peaked in Feb/Mar and has been declining since (link below). Core PCE strips out the food and energy costs, so gives a more accurate idea of the core background inflation. The June number won't be out until late July though.


https://investorshub.advfn.com/Market-Timing-41300


As you said, all the markets are tough to gauge right now. Gold/silver broke support, especially silver, so will see where things settle out. Probably a good buying opportunity for investors who are light on their metals allocation. I'm already in at 10% and 3%, so am reluctant to add much more, though might start averaging in on some of the miners.

Fwiw, I re-started my 1 share/day purchases in the S+P 500, alternating between SPY and VOO. The idea will be to re-build a modest allocation in stocks over the next 6-12 months. If we have a repeat of the 1970s stagflation scenario, I figure we might not get a selling capitulation, but more of a gradual grind down, and this will suit an averaging in strategy. So far I'm only back in with $2500, and will add ~ $1800 per week to the stock side, so at least it's a start.




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